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Highlights
Major Capital Gains Tax Changes from 1 July 2027: What You Need to Know
The Government’s significant changes to Australia’s capital gains tax rules have now become law. From 1 July 2027, the existing 50% capital gains tax discount will generally be replaced with an inflation-based indexation system for individuals, trusts and partnerships. A new minimum tax rate of 30% will also apply to certain capital gains made by individuals. These changes may significantly affect the tax payable when selling investment properties, shares, businesses and othe
Josh Tilley
Jul 28
More Room to Grow Your Super: New Contribution Caps from 1 July 2026
There is positive news for individuals looking to build their retirement savings, with several important superannuation caps increasing from 1 July 2026. The annual concessional contributions cap has increased to $32,500, while the non-concessional contributions cap has increased to $130,000. Eligible individuals may also be able to contribute up to $390,000 under the bring-forward rules. The general transfer balance cap has also increased from $2 million to $2.1 million. The
David Tilley
Jul 28
Negative Gearing is Changing: How the New Rules Could Affect Property Investors
The Government’s changes to negative gearing for residential property have now become law. From 1 July 2027, rental losses from many established residential properties acquired after Budget night will no longer be immediately deductible against salary, business income or other investment income. Instead, affected rental losses will generally be quarantined and carried forward for use against certain residential property income or gains. The changes may significantly affect th
Josh Tilley
Jul 28
Major Capital Gains Tax Changes from 1 July 2027: What You Need to Know
The Government’s significant changes to Australia’s capital gains tax rules have now become law. From 1 July 2027, the existing 50% capital gains tax discount will generally be replaced with an inflation-based indexation system for individuals, trusts and partnerships. A new minimum tax rate of 30% will also apply to certain capital gains made by individuals. These changes may significantly affect the tax payable when selling investment properties, shares, businesses and othe
Josh Tilley
Jul 28
Holiday homes and short-stay rentals: why the ATO is taking a closer look
The ATO has sharpened its focus on holiday homes and short-stay rental properties, particularly where owners are claiming deductions while also using the property themselves. With the rise of Airbnb and other short-term accommodation platforms, more property owners are earning income from properties that are not traditional long-term rentals. In response, the ATO has released new guidance aimed at clarifying when income must be declared and when deductions can be claimed. The
Josh Tilley
Mar 27
FBT season is approaching: are your work vehicle arrangements up to date?
As fringe benefits tax season approaches, work vehicles remain one of the most common areas of confusion for business owners. If your business owns or leases vehicles that are used by employees or directors, it is important to understand that fringe benefits tax may apply where there is private use. This continues to be an area of ATO focus, particularly where vehicles are held in companies or trusts and made available for personal use. The rules can be more complex than many
Josh Tilley
Mar 27
Busy but not more profitable? Here is why
For many business owners, rising sales feels like proof that the business is moving in the right direction. More jobs, more customers and more turnover usually sound like good news. But higher revenue does not always mean higher profit. We regularly see businesses working harder, turning over more, and still feeling pressure on cash flow. In many cases, the issue is not a lack of sales. It is margin leakage. Costs creep in, pricing falls behind, discounts become habitual, or
David Tilley
Mar 27
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